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1447 North Wood Street

Jaime Luevano & Alex Wolking Close $1.25M Multifamily Sale In Chicago
SOLDMultiFamily

Jaime Luevano & Alex Wolking Close $1.25M Multifamily Sale In Chicago

1447 North Wood Street

$1,249,000

Building Size

Asset Type

MultiFamily

Closing

Feb 29, 2024

AI

The multi-family property located at 1447 North Wood Street in Chicago was sold for $1,249,000. The transaction was facilitated by Alex Wolking of Keller Williams ONEChicago representing the seller and Jaime Luevano of @properties Christie's International Real Estate representing the buyer.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,249,000
  • Address: 1447 North Wood Street
  • Market: Chicago
  • Buyer's Representative: Jaime Luevano - @properties Christie's International Real Estate
  • Seller's Representative: Alex Wolking - Keller Williams ONEChicago

The sale of the multi-family property at 1447 North Wood Street in Chicago was brokered by Jaime Luevano from @properties Christie's International Real Estate, representing the buyer, and Alex Wolking from Keller Williams ONEChicago, representing the seller.

Players

Alex Wolking

Keller Williams Realty

Broker

$25.1M

vol

13 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.70%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93